Scary September Seasonality

Portfolio managers returning to work after Labor Day tend to clean house. Since 1950, September is the worst performing month of the year. A bullish election-year does little to improve on September’s poor overall performance.

S&P 500 has declined 9 of the last twelve years on the first trading day. Options Expiration week (Triple Witching for September) is usually bullish, but beware after that!

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